Yantai Total Stockholder Equity vs Cash Analysis

000869 Stock   23.21  0.01  0.04%   
Yantai Changyu financial indicator trend analysis is more than just analyzing Yantai Changyu Pioneer current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yantai Changyu Pioneer is a good investment. Please check the relationship between Yantai Changyu Total Stockholder Equity and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yantai Changyu Pioneer. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Stockholder Equity vs Cash

Total Stockholder Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yantai Changyu Pioneer Total Stockholder Equity account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Yantai Changyu's Total Stockholder Equity and Cash is 0.71. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Yantai Changyu Pioneer, assuming nothing else is changed. The correlation between historical values of Yantai Changyu's Total Stockholder Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Yantai Changyu Pioneer are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., Yantai Changyu's Total Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash

Cash refers to the most liquid asset of Yantai Changyu Pioneer, which is listed under current asset account on Yantai Changyu Pioneer balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Yantai Changyu customers. The amounts must be unrestricted with restricted cash listed in a different Yantai Changyu account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Yantai Changyu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yantai Changyu Pioneer current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yantai Changyu Pioneer. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about 228 M, whereas Selling General Administrative is forecasted to decline to about 969 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.3B2.2B2.6B2.2B
Total Revenue4.0B3.9B4.4B3.6B

Yantai Changyu fundamental ratios Correlations

-0.32-0.190.970.340.920.98-0.470.640.820.420.280.380.950.63-0.120.10.90.770.780.950.940.9-0.450.950.3
-0.320.87-0.460.45-0.49-0.40.66-0.64-0.510.570.280.55-0.43-0.160.680.8-0.45-0.480.29-0.52-0.2-0.050.69-0.380.52
-0.190.87-0.360.66-0.37-0.320.82-0.37-0.430.750.610.65-0.370.010.740.94-0.37-0.280.38-0.36-0.050.050.59-0.180.53
0.97-0.46-0.360.150.981.0-0.60.710.910.250.150.240.970.57-0.26-0.090.960.830.660.980.910.82-0.460.930.27
0.340.450.660.150.080.170.420.0-0.130.910.560.670.090.540.550.83-0.01-0.080.750.120.480.450.040.380.25
0.92-0.49-0.370.980.080.97-0.620.810.940.180.130.170.910.51-0.31-0.130.970.870.580.990.890.72-0.450.940.27
0.98-0.4-0.321.00.170.97-0.590.670.90.280.160.290.970.57-0.22-0.040.960.820.690.970.910.84-0.420.920.32
-0.470.660.82-0.60.42-0.62-0.59-0.49-0.690.460.530.5-0.57-0.240.670.69-0.6-0.39-0.03-0.58-0.39-0.190.57-0.450.28
0.64-0.64-0.370.710.00.810.67-0.490.71-0.040.16-0.170.550.36-0.54-0.250.660.720.210.820.640.31-0.590.79-0.1
0.82-0.51-0.430.91-0.130.940.9-0.690.710.010.10.060.890.36-0.31-0.260.950.850.440.910.740.64-0.40.790.28
0.420.570.750.250.910.180.280.46-0.040.010.610.840.220.540.640.920.170.10.860.20.560.590.30.40.63
0.280.280.610.150.560.130.160.530.160.10.610.690.170.030.480.630.070.190.430.20.230.370.110.240.4
0.380.550.650.240.670.170.290.5-0.170.060.840.690.320.140.770.770.220.160.730.170.410.610.350.290.71
0.95-0.43-0.370.970.090.910.97-0.570.550.890.220.170.320.48-0.16-0.110.940.80.640.920.830.86-0.410.840.31
0.63-0.160.010.570.540.510.57-0.240.360.360.540.030.140.48-0.10.290.480.370.660.540.750.6-0.170.650.18
-0.120.680.74-0.260.55-0.31-0.220.67-0.54-0.310.640.480.77-0.16-0.10.71-0.2-0.20.38-0.33-0.050.210.45-0.150.48
0.10.80.94-0.090.83-0.13-0.040.69-0.25-0.260.920.630.77-0.110.290.71-0.14-0.130.64-0.110.250.330.480.090.6
0.9-0.45-0.370.96-0.010.970.96-0.60.660.950.170.070.220.940.48-0.2-0.140.910.580.940.840.78-0.360.870.37
0.77-0.48-0.280.83-0.080.870.82-0.390.720.850.10.190.160.80.37-0.2-0.130.910.40.860.690.7-0.390.790.31
0.780.290.380.660.750.580.69-0.030.210.440.860.430.730.640.660.380.640.580.40.580.850.850.00.720.59
0.95-0.52-0.360.980.120.990.97-0.580.820.910.20.20.170.920.54-0.33-0.110.940.860.580.890.75-0.50.940.22
0.94-0.2-0.050.910.480.890.91-0.390.640.740.560.230.410.830.75-0.050.250.840.690.850.890.82-0.290.950.4
0.9-0.050.050.820.450.720.84-0.190.310.640.590.370.610.860.60.210.330.780.70.850.750.82-0.270.780.45
-0.450.690.59-0.460.04-0.45-0.420.57-0.59-0.40.30.110.35-0.41-0.170.450.48-0.36-0.390.0-0.5-0.29-0.27-0.510.68
0.95-0.38-0.180.930.380.940.92-0.450.790.790.40.240.290.840.65-0.150.090.870.790.720.940.950.78-0.510.21
0.30.520.530.270.250.270.320.28-0.10.280.630.40.710.310.180.480.60.370.310.590.220.40.450.680.21
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Yantai Changyu Account Relationship Matchups

Yantai Changyu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.6B13.1B13.5B13.2B13.3B14.0B
Other Current Liab696.7M602.5M756.5M18.9M45.0M42.7M
Total Current Liabilities2.7B2.2B2.4B2.0B2.2B2.0B
Total Stockholder Equity10.3B10.3B10.4B10.6B10.8B10.6B
Other Liab340.5M284.0M152.8M119.2M107.3M207.5M
Net Tangible Assets8.8B9.6B9.5B9.7B11.2B9.5B
Retained Earnings9.1B9.1B9.3B9.0B9.3B9.2B
Accounts Payable570.8M484.3M493.5M503.3M473.4M452.2M
Cash1.6B1.2B1.6B1.7B2.2B1.7B
Other Assets561.6M769.4M718.1M698.4M803.2M676.1M
Long Term Debt319.9M200.4M176.0M128.1M66.6M63.3M
Net Receivables857.9M183.9M291.0M344.0M382.1M364.5M
Good Will141.9M132.9M112.4M107.2M96.4M99.7M
Inventory2.9B2.9B2.8B2.9B2.8B2.9B
Other Current Assets84.6M89.6M105.4M185.3M88.4M118.8M
Other Stockholder Equity8.9M1.7M6.5M(28.8M)(25.9M)(24.6M)
Total Liab3.1B2.6B2.8B2.3B2.3B2.3B
Deferred Long Term Liab244.6M280.5M314.5M284.6M327.3M265.8M
Short Long Term Debt754.3M689.1M622.1M389.4M365.0M448.1M
Total Current Assets5.4B5.0B5.4B5.5B6.0B5.5B
Intangible Assets651.9M661.0M617.9M578.2M542.6M649.0M
Property Plant Equipment6.7B6.7B6.6B6.6B7.6B7.0B
Non Current Assets Total8.3B8.1B8.1B7.6B7.3B6.3B
Non Currrent Assets Other193.7M170.4M144.1M1.8M1.6M1.5M
Non Current Liabilities Total412.9M353.1M397.1M329.3M193.0M318.2M
Non Current Liabilities Other7.2M7.6M2.1M66.1M76.0M79.8M
Net Invested Capital11.2B11.2B11.2B11.1B11.3B12.0B
Net Working Capital2.7B2.7B3.0B3.5B3.8B3.1B

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Other Information on Investing in Yantai Stock

Balance Sheet is a snapshot of the financial position of Yantai Changyu Pioneer at a specified time, usually calculated after every quarter, six months, or one year. Yantai Changyu Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yantai Changyu and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Yantai currently owns. An asset can also be divided into two categories, current and non-current.